Biofuel-Focused Ryze Renewables Files for Chapter 11

Ryze Renewables, a company focused on converting agricultural oils and animal fats into low-carbon fuel, filed for bankruptcy on Thursday.

• The firm listed as much as $500 million in both assets and liabilities in its Chapter 11 petition
• Some of its largest creditors include Georgia’s Own Credit Union and Biodiesel of Las Vegas, with the latter owed more than $2 million
• The case is Ryze Renewables II LLC, 23-10289, U.S. Bankruptcy Court for the District of Delaware

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